Elon Musk appeared in court on Monday to defend Tesla’s acquisition of SolarCity in 2016. Things got testy between Musk and the plaintiffs’ attorney. Musk said he hates running Tesla and could have worked on Wall Street. See more stories on Insider’s business page. Elon Musk took the stand on Monday to defend Tesla’s 2016… Continue reading Read Elon Musk’s wildest remarks in court, as he says Tesla would die without him and that naming himself ‘technoking’ drove sales (TSLA)
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Heart Aerospace raises $35M Series A, lands order with United and Mesa Airlines for 200 aircraft
Swedish electric aviation startup Heart Aerospace has received its biggest order to date: 200 of its inaugural ES-19 electric aircraft from aviation giant United Airlines and its regional airline partner Mesa Air Group. The deal, which includes an option of purchasing up to 100 additional aircraft, was announced together with a $35 million Series A… Continue reading Heart Aerospace raises $35M Series A, lands order with United and Mesa Airlines for 200 aircraft
Tesla 4680 battery cell: LG & Samsung reportedly produced samples as they eye big contract
LG Energy Solutions and Samsung SDI have both reportedly completed the first sample cells of Tesla’s 4680 battery cell as they eye a big contract from the automaker. Last year, Tesla unveiled its plan to produce its own new tabless battery cell in a bigger format with a new chemistry. The automaker claims to have solved… Continue reading Tesla 4680 battery cell: LG & Samsung reportedly produced samples as they eye big contract
Mercedes-Benz’s new Roadster has a flippy touchscreen
Large touchscreens are commonplace in new cars these days, and the bigger these rectangular screens get, the fewer things you can do with the hardware to really differentiate from the competition. Perhaps that’s why, in the new 2022 AMG SL Roadster, Mercedes-Benz is taking the screen out of the dashboard, anchoring it to the center… Continue reading Mercedes-Benz’s new Roadster has a flippy touchscreen
GM drops wireless charging from some SUVs due to chip shortage
General Motors is dropping wireless smartphone charging from some new SUVs because of the global microchip shortage. It’s the latest feature to get the axe at the company due to the low supply of semiconductors, as GM has already pulled HD radio from some models, along with auto start-stop and a fuel management module that… Continue reading GM drops wireless charging from some SUVs due to chip shortage
Micromobility operator Veo raises $16M to fund U.S. expansion
Shared micromobility operator Veo has raised $16 million in new funding as the company ramps up its expansion plans in the United States. The Series A funding round, which follows permit awards in Santa Monica, San Diego and New York, will be used to expand Veo’s fleet and focus on developing city and community partnerships.… Continue reading Micromobility operator Veo raises $16M to fund U.S. expansion
Volkswagen’s new business strategy puts software and autonomous driving front and center
Volkswagen will ramp up its software, mobility as a service and battery tech to stay competitive in the coming decades, as it and other automakers prepare for the largest transition in personal mobility since the invention of the car. Laying out the company strategy Tuesday, Chief Executive Officer Herbert Diess emphasized a top-to-bottom transformation in… Continue reading Volkswagen’s new business strategy puts software and autonomous driving front and center
Elon Musk sparred with a lawyer in court on Monday, calling him a ‘bad human’ who asked ‘tricky and deceptive’ questions
Elon Musk called a lawyer a “bad human” in court on Monday. Musk was defending Tesla’s 2016 acquisition of SolarCity in court. Musk told the lawyer, representing Tesla shareholders, that his questions were “tricky and deceptive.” See more stories on Insider’s business page. Elon Musk sparred with a lawyer representing Tesla shareholders in court on… Continue reading Elon Musk sparred with a lawyer in court on Monday, calling him a ‘bad human’ who asked ‘tricky and deceptive’ questions
Elon Musk blames Tesla Energy’s troubles on the Model 3 and the pandemic
Elon Musk appeared in court Monday to defend Tesla’s 2016 acquisition of SolarCity. Musk said Tesla’s solar energy division underperformed because it had focused on Model 3 production. After the Model 3 went to market, Musk said the solar division ran up against the pandemic. See more stories on Insider’s business page. Elon Musk has… Continue reading Elon Musk blames Tesla Energy’s troubles on the Model 3 and the pandemic
Tesla Cybertruck is rumored to be behind ~$400 million camera deal with Samsung
Reports coming out of Korea state that Samsung has signed a massive $436 million deal to supply cameras to the “number 1 American EV manufacturer” for a vehicle unveiled in November 2019. It would indicate the deal is to supply cameras for the Tesla Cybertruck electric pickup truck. Earlier today, the Korea Economic Daily reported… Continue reading Tesla Cybertruck is rumored to be behind ~$400 million camera deal with Samsung